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20110701
20110731
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and afghanistan, and at the time that we have gone to war, that is what we did the bush tax cuts, the corporate tax cuts that further douglas into the economic hole that we are in. it is -- that further doug us into the economical that we are in. it is the first time in history. host: here is a tweet. guest: those are the priorities that are laid before congress. we have a hearing yesterday where we did a land exchange. republicans passed a totally partisan votes. copper orr in the state of arizona will be taken out, no royalties paid for by a foreign company. it will be shipped to china for their industry that is growing. but no royalties, nothing bad for the american taxpayer. yet we wonder how we got ourselves into the situation we arwin. host: just announced, unemployment applications fall for a second week, few more -- fewer people sought unemployment benefits. the labor department says weekly applications dropped 22,000 to a seasonally adjusted 405,000, the lowest level in almost three months. was the employment situation in your district? guest: unfortunately, yuma county leads the natio
. caller: donald trump wants to set went to iraq and afghanistan because they were oil-rich nations. we won the war. i don't think and buying debt these days. host: about what the question that those did contribute to the problems we are having right now. guest: everything did continue. the question is what percentage. i would disagree saying the president has tremendous leverage. he has no leverage. the democrats and the republicans and congress are going to make this deal. one or both of them are going to leave town and dump it on his lap. the poling is really unhelpful, often ends in these things. on one hand they want cuts and spending. they an over 60% want the capital plan. the president is appearing more favorable than congress. the president always does. the president's rating have been going down dramatically. because of that. because the president doesn't feel comfortable, they don't want this issue to come up again until 2012. they don't want to have this again until 2012. they want to talk about other things. we have this situation now where this debate has paralyzed the country
misspent in iraq and afghanistan over a 10-year period. the "wall street journal" reporting they include $300 million for u.s. agency, agricultural development project with a "burn rate" of million dollars a day that paid afghan farmers to work in their own field, it covers subcontractors in eastern afghanistan, paying 20% of the contract to insurgents for protection and touches on cases where host government was unable to sustain a project like costly water treatment plant in iraq that produced murky water and lacked power and construction of afghan military economy that would cost $40 million to operate and maintain, far beyond what the afghan government could afford. 75% of the total contract dollars spent to support operations in iraq and afghanistan have gone to just 23 major contractors. the federal work force assigned to oversee the contracts hasn't grown in parallel with the massive growth of wartime expenditures. read more about that in the "wall street journal" this morning. one more tweet, if i can, just to finish off the discussion. adding this from darrell price, saying: an
with a situation like 9/11 or the war in iraq or afghanistan are terrorism? what if there is unforeseen event that would force government to spend more money than it takes an? guest: the legislation would have to be written to be including situations when we get like that. i am no expert on the u.s. economy so i want to put that disclaimer out there right now. but we are spending more than we're taking in and it is not sustainable. we cannot continue down this path. when you have the medicare board of trustees coming out in the month of may and releasing a report that says, if medicare is not reformed in 2024, it will be bankrupt, it is irresponsible for washington not to do anything about their when you know you are facing this problem. we need to deal with that. we need to do some entitlement reform across the board. we cannot balance the u.s. budget by cutting discretionary spending. host: i realize that this is still coming together so the information continues to evolve. but based on what we hear this morning, it is a $1.4 trillion increase in the debt limit immediately. based on misinfo
the paper work, without a court order. while they were in iraq or afghanistan, they were the victim families. this is an area we want to look into. host: and their relation to david petraeus? guest: she is married to him. host: maria, a republican. you are on. caller: my husband and i both watch c-span regularly, and we are concerned about this agency created with a half of a $1 billion budget. our question is how much duplication is taking place? he mentioned a few minutes ago that hundreds of people have already been hired. could you let us know the duplication of these consumer protection services that this new agency is supposed to do, and how, and what is going to happen to these other employees within the federal government? guest: well, that is a very good question. consumer protection used to be in various different agencies. the fed had consumer, occ -- all of these different agencies. consumer protection was often a secondary thought, a third thought, or not even thought about at all. that is why regulators did not in any way most to curb the abuses in the sub-prime lending, which
Search Results 0 to 4 of about 5